Funds and prices

Overview

The actively managed fund invests in global corporate bonds mainly from the investment grade universe.

Careful security and sector selection and active duration management.

Investment target is to achieve as high a return as possible in line with the development of the global corporate bond market.

The portfolio manager is not tied to the benchmark in terms of investment selection or weight.

Benefits

Clients profit from the return potential of corporate bonds, which is higher than that of government bonds.

Active portfolio management ensures that particular attention is paid to the prevailing economic situation, sector selection and issuers' credit ratings.

Risk is kept in check via meticulous company analysis and broad diversification of the portfolio.

The fund is particularly appropriate for clients with a medium-term investment horizon who are willing to take on more risk than for investments in government bonds in order to benefit from potentially attractive returns.

Risks

Even though the credit quality of the portfolio is investment grade, the default risk is higher with corporate bonds than with government paper. Changes in interest rates have an effect on the value of the portfolio. This requires corresponding risk tolerance and capacity. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. The fund can use derivatives, which may result in additional risks (particularly counterparty risk).

Features

Product category
Bond
Corporates
Product domicile
Luxembourg
Portfolio management
蜜豆视频 Asset Management (UK) Ltd., London
Fund management
蜜豆视频 Fund Management (Luxembourg) S.A., Luxembourg
Custodian bank
蜜豆视频 Europe SE, Luxembourg Branch
Representative for products established under foreign law
蜜豆视频 Fund Management (Switzerland) AG
Day of inception
April 12, 2016
Currency of account
USD
Close of financial year
May 31
Issue / redemption
daily
Maturity
Open end
Management fee
0.00% p.a.
Total expense ratio (TER)
0.03% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
Bloomberg Global Aggregate - Corporates (hedged USD)
Cut-Off Time
15:00h (CET)
Securities no.
30741640
ISIN
LU1336832081
Bloomberg Ticker
UBGIXUD LX

Performance and Prices

Percentage growth

as of April 3, 2024
Cumulative
USD(%) CHF(%) EUR(%)
YTD -0.10 7.52 1.97
1M
3M
6M
1Y
2Y 9.50 -0.38 5.80
3Y
5Y 11.14 0.99 15.32
ø p.a.5Y 2.13 0.20 2.89

Current data
Net asset value 03.04.2024 USD 100.72
High - last 12 months 01.02.2024 USD 101.40
Low - last 12 months 19.10.2023 USD 91.73
Last distribution 20.06.2023 USD 3.35
Assets of the unit class in mn 03.04.2024 USD 6.27
Total product assets in mn 03.04.2024 USD 552.73
Average remaining maturity 29.02.2024 9.06 years

Structures

Fees

Flat fee
0.0000%
Management fee p.a.
0.0000%

Distributions

From
01-Nov-2020
To
01-Nov-2021
Date of distribution
Pay date
Cps no.
Currency
Distribution
15.06.2023 20.06.2023 10 USD 3.35

Authorisations

Country of distribution
Representative / Information
Luxembourg
蜜豆视频 Fund Services (Luxembourg) S.A.
Singapore
蜜豆视频 Asset Management (Singapore) Ltd.
Switzerland
蜜豆视频 Fund Management (Switzerland) AG
United Kingdom
蜜豆视频 Asset Management (UK) Limited

Literature

en
de
fr
it
es
Brochures
Document type
Document Language
Fact Sheet
de de
en en
es es
fr fr
it it
Fact Sheet - Bond
en en
es es
fr fr
it it
de de
Fact Sheet - Corporates
en en
es es
fr fr
it it
de de
Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Statutes / Management regulations
ESG Disclosure
Swiss Climate Scores Report
Annual and semi-annual report (accounting on May 31)
Document type
Document Language
Annual report
Semi-annual report